Bioeconomic effect from the size selection in red abalone intensive culture Haliotis rufescens as a production strategy
The variability in growth is a common characteristic in mollusks breeding. Effects rising from the variability in the individual growth rate and the consequent dispersion of sizes in cultivation are important in financial terms. To manage this heterogeneity many firms use size selection, which can h...
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description | The variability in growth is a common characteristic in mollusks breeding. Effects rising from the variability in the individual growth rate and the consequent dispersion of sizes in cultivation are important in financial terms. To manage this heterogeneity many firms use size selection, which can happen in two stages: toward the end of the stage of growing, or in the phase of growing of seeds. A bioeconomic model simulating the operation of a firm producing red abalone was implemented in spreadsheets. The firm produces 70 tons yearly. The model was structured in three sub-models. A biological sub-model detailed a batch’s dynamics, in terms of survival and growth, considering individual variation of size around a central value for each age. A technological sub-model described raw materials, the quantity of food and the energy required. Finally, the simulation model is completed with an economic integrated sub-model, where net present value is calculated considering income and costs over the time. Results of the alternative production strategies (with or without selection) are assessed according to: quantity of larvae and necessary spawners to reach the desired level of production; net present value (NPV) and necessary time to recover the investment. The number of larvae was approximately 17 millions larger for the case of the strategy of production with sizes selection and 73% more of available spawners is required for this larger amount of larvae. In the short term, the size-selection strategy increases the production costs at the initial time, compared with the strategy without selection. However, in the long term, this strategy generates greater NPV. The span for investment recovery was shorter for the case of the strategy with size selection and living product (nearly 2,140 days) than frozen (nearly 2,232 days); while without sizes selection a 15-year simulation showed the investment is not recovered. Finally, could be verified that size selection can be an interesting strategy to explore, since it improves the financial result, the same way other more expensive technological changes would. |
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Effects rising from the variability in the individual growth rate and the consequent dispersion of sizes in cultivation are important in financial terms. To manage this heterogeneity many firms use size selection, which can happen in two stages: toward the end of the stage of growing, or in the phase of growing of seeds. A bioeconomic model simulating the operation of a firm producing red abalone was implemented in spreadsheets. The firm produces 70 tons yearly. The model was structured in three sub-models. A biological sub-model detailed a batch’s dynamics, in terms of survival and growth, considering individual variation of size around a central value for each age. A technological sub-model described raw materials, the quantity of food and the energy required. Finally, the simulation model is completed with an economic integrated sub-model, where net present value is calculated considering income and costs over the time. Results of the alternative production strategies (with or without selection) are assessed according to: quantity of larvae and necessary spawners to reach the desired level of production; net present value (NPV) and necessary time to recover the investment. The number of larvae was approximately 17 millions larger for the case of the strategy of production with sizes selection and 73% more of available spawners is required for this larger amount of larvae. In the short term, the size-selection strategy increases the production costs at the initial time, compared with the strategy without selection. However, in the long term, this strategy generates greater NPV. The span for investment recovery was shorter for the case of the strategy with size selection and living product (nearly 2,140 days) than frozen (nearly 2,232 days); while without sizes selection a 15-year simulation showed the investment is not recovered. Finally, could be verified that size selection can be an interesting strategy to explore, since it improves the financial result, the same way other more expensive technological changes would.</description><identifier>ISSN: 0967-6120</identifier><identifier>EISSN: 1573-143X</identifier><identifier>DOI: 10.1007/s10499-011-9461-9</identifier><language>eng</language><publisher>Dordrecht: Springer Netherlands</publisher><subject>Biomedical and Life Sciences ; Freshwater & Marine Ecology ; Growth rate ; Haliotis ; Haliotis rufescens ; Heterogeneity ; Larvae ; Life Sciences ; Mollusks ; Net present value ; Production costs ; Raw materials ; Seeds ; Simulation ; Technological change ; Zoology</subject><ispartof>Aquaculture international, 2012-04, Vol.20 (2), p.333-345</ispartof><rights>Springer Science+Business Media B.V. 2011</rights><rights>Springer Science+Business Media B.V. 2012</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c347t-2b5f4f6c5051c8f454ad675b219956cfd121005b215d2884a4077a92e0ccb8513</citedby><cites>FETCH-LOGICAL-c347t-2b5f4f6c5051c8f454ad675b219956cfd121005b215d2884a4077a92e0ccb8513</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s10499-011-9461-9$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s10499-011-9461-9$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,780,784,27922,27923,41486,42555,51317</link.rule.ids></links><search><creatorcontrib>Pérez, Eduardo P.</creatorcontrib><creatorcontrib>Araya, Andrea</creatorcontrib><creatorcontrib>Araneda, Marcelo</creatorcontrib><creatorcontrib>Zúñiga, Claudio</creatorcontrib><title>Bioeconomic effect from the size selection in red abalone intensive culture Haliotis rufescens as a production strategy</title><title>Aquaculture international</title><addtitle>Aquacult Int</addtitle><description>The variability in growth is a common characteristic in mollusks breeding. Effects rising from the variability in the individual growth rate and the consequent dispersion of sizes in cultivation are important in financial terms. To manage this heterogeneity many firms use size selection, which can happen in two stages: toward the end of the stage of growing, or in the phase of growing of seeds. A bioeconomic model simulating the operation of a firm producing red abalone was implemented in spreadsheets. The firm produces 70 tons yearly. The model was structured in three sub-models. A biological sub-model detailed a batch’s dynamics, in terms of survival and growth, considering individual variation of size around a central value for each age. A technological sub-model described raw materials, the quantity of food and the energy required. Finally, the simulation model is completed with an economic integrated sub-model, where net present value is calculated considering income and costs over the time. Results of the alternative production strategies (with or without selection) are assessed according to: quantity of larvae and necessary spawners to reach the desired level of production; net present value (NPV) and necessary time to recover the investment. The number of larvae was approximately 17 millions larger for the case of the strategy of production with sizes selection and 73% more of available spawners is required for this larger amount of larvae. In the short term, the size-selection strategy increases the production costs at the initial time, compared with the strategy without selection. However, in the long term, this strategy generates greater NPV. The span for investment recovery was shorter for the case of the strategy with size selection and living product (nearly 2,140 days) than frozen (nearly 2,232 days); while without sizes selection a 15-year simulation showed the investment is not recovered. Finally, could be verified that size selection can be an interesting strategy to explore, since it improves the financial result, the same way other more expensive technological changes would.</description><subject>Biomedical and Life Sciences</subject><subject>Freshwater & Marine Ecology</subject><subject>Growth rate</subject><subject>Haliotis</subject><subject>Haliotis rufescens</subject><subject>Heterogeneity</subject><subject>Larvae</subject><subject>Life Sciences</subject><subject>Mollusks</subject><subject>Net present value</subject><subject>Production costs</subject><subject>Raw materials</subject><subject>Seeds</subject><subject>Simulation</subject><subject>Technological change</subject><subject>Zoology</subject><issn>0967-6120</issn><issn>1573-143X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2012</creationdate><recordtype>article</recordtype><sourceid>AFKRA</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNp1UcFKAzEQDaJgrX6At-DF02qSTXY3Ry1qhYIXBW8hzU5qynZTk6xSv96UFQRBGGaYzHuPFx5C55RcUULq60gJl7IglBaSV7kdoAkVdVlQXr4eogmRVV1UlJFjdBLjmhBS1pxO0Oet82B87zfOYLAWTMI2-A1Ob4Cj-8oNuvzofI9djwO0WC9153vIa4I-ug_AZujSEADPded8chGHwUI0-Yp1LrwNvh1GjZiCTrDanaIjq7sIZz9zil7u755n82Lx9PA4u1kUpuR1KthSWG4rI4igprFccN1WtVgyKqWojG0py9_f76JlTcM1J3WtJQNizLIRtJyiy1E3e3gfICa1cdlZ1-ke_BCVrBqai5UZefEHufZD6LM5JVklBOfNXo6OIBN8jAGs2ga30WGnKFH7INQYhMpBqH0QSmYOGzkxY_sVhF_h_0nf5R-MTQ</recordid><startdate>20120401</startdate><enddate>20120401</enddate><creator>Pérez, Eduardo P.</creator><creator>Araya, Andrea</creator><creator>Araneda, Marcelo</creator><creator>Zúñiga, Claudio</creator><general>Springer Netherlands</general><general>Springer Nature B.V</general><scope>AAYXX</scope><scope>CITATION</scope><scope>7TN</scope><scope>AEUYN</scope><scope>AFKRA</scope><scope>BENPR</scope><scope>BHPHI</scope><scope>BKSAR</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>F1W</scope><scope>H95</scope><scope>H98</scope><scope>HCIFZ</scope><scope>L.G</scope><scope>PCBAR</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>8FD</scope><scope>FR3</scope><scope>H99</scope><scope>L.F</scope><scope>P64</scope></search><sort><creationdate>20120401</creationdate><title>Bioeconomic effect from the size selection in red abalone intensive culture Haliotis rufescens as a production strategy</title><author>Pérez, Eduardo P. ; Araya, Andrea ; Araneda, Marcelo ; Zúñiga, Claudio</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c347t-2b5f4f6c5051c8f454ad675b219956cfd121005b215d2884a4077a92e0ccb8513</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2012</creationdate><topic>Biomedical and Life Sciences</topic><topic>Freshwater & Marine Ecology</topic><topic>Growth rate</topic><topic>Haliotis</topic><topic>Haliotis rufescens</topic><topic>Heterogeneity</topic><topic>Larvae</topic><topic>Life Sciences</topic><topic>Mollusks</topic><topic>Net present value</topic><topic>Production costs</topic><topic>Raw materials</topic><topic>Seeds</topic><topic>Simulation</topic><topic>Technological change</topic><topic>Zoology</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Pérez, Eduardo P.</creatorcontrib><creatorcontrib>Araya, Andrea</creatorcontrib><creatorcontrib>Araneda, Marcelo</creatorcontrib><creatorcontrib>Zúñiga, Claudio</creatorcontrib><collection>CrossRef</collection><collection>Oceanic Abstracts</collection><collection>ProQuest One Sustainability</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central</collection><collection>Natural Science Collection</collection><collection>Earth, Atmospheric & Aquatic Science Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>ASFA: Aquatic Sciences and Fisheries Abstracts</collection><collection>Aquatic Science & Fisheries Abstracts (ASFA) 1: Biological Sciences & Living Resources</collection><collection>Aquatic Science & Fisheries Abstracts (ASFA) Aquaculture Abstracts</collection><collection>SciTech Premium Collection</collection><collection>Aquatic Science & Fisheries Abstracts (ASFA) Professional</collection><collection>Earth, Atmospheric & Aquatic Science Database</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>Technology Research Database</collection><collection>Engineering Research Database</collection><collection>ASFA: Marine Biotechnology Abstracts</collection><collection>Aquatic Science & Fisheries Abstracts (ASFA) Marine Biotechnology Abstracts</collection><collection>Biotechnology and BioEngineering Abstracts</collection><jtitle>Aquaculture international</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Pérez, Eduardo P.</au><au>Araya, Andrea</au><au>Araneda, Marcelo</au><au>Zúñiga, Claudio</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Bioeconomic effect from the size selection in red abalone intensive culture Haliotis rufescens as a production strategy</atitle><jtitle>Aquaculture international</jtitle><stitle>Aquacult Int</stitle><date>2012-04-01</date><risdate>2012</risdate><volume>20</volume><issue>2</issue><spage>333</spage><epage>345</epage><pages>333-345</pages><issn>0967-6120</issn><eissn>1573-143X</eissn><abstract>The variability in growth is a common characteristic in mollusks breeding. Effects rising from the variability in the individual growth rate and the consequent dispersion of sizes in cultivation are important in financial terms. To manage this heterogeneity many firms use size selection, which can happen in two stages: toward the end of the stage of growing, or in the phase of growing of seeds. A bioeconomic model simulating the operation of a firm producing red abalone was implemented in spreadsheets. The firm produces 70 tons yearly. The model was structured in three sub-models. A biological sub-model detailed a batch’s dynamics, in terms of survival and growth, considering individual variation of size around a central value for each age. A technological sub-model described raw materials, the quantity of food and the energy required. Finally, the simulation model is completed with an economic integrated sub-model, where net present value is calculated considering income and costs over the time. Results of the alternative production strategies (with or without selection) are assessed according to: quantity of larvae and necessary spawners to reach the desired level of production; net present value (NPV) and necessary time to recover the investment. The number of larvae was approximately 17 millions larger for the case of the strategy of production with sizes selection and 73% more of available spawners is required for this larger amount of larvae. In the short term, the size-selection strategy increases the production costs at the initial time, compared with the strategy without selection. However, in the long term, this strategy generates greater NPV. The span for investment recovery was shorter for the case of the strategy with size selection and living product (nearly 2,140 days) than frozen (nearly 2,232 days); while without sizes selection a 15-year simulation showed the investment is not recovered. Finally, could be verified that size selection can be an interesting strategy to explore, since it improves the financial result, the same way other more expensive technological changes would.</abstract><cop>Dordrecht</cop><pub>Springer Netherlands</pub><doi>10.1007/s10499-011-9461-9</doi><tpages>13</tpages></addata></record> |
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subjects | Biomedical and Life Sciences Freshwater & Marine Ecology Growth rate Haliotis Haliotis rufescens Heterogeneity Larvae Life Sciences Mollusks Net present value Production costs Raw materials Seeds Simulation Technological change Zoology |
title | Bioeconomic effect from the size selection in red abalone intensive culture Haliotis rufescens as a production strategy |
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